shares to establish company is in value of 999,970.00 Baht : To invest in newly-issued ordinary shares is in value of 49,000,000.00 Baht 5. Source of Funds Cash flow from operations. 6. The benefits of the
assets of 9.07 Million Baht Source of Fund Liabilities As at September 30, 2019 the company has total liabilities of 1,843.72 Million Baht or 243.60 Million Baht decreased when compared to December 31
Company could manage and obtain cheaper source of finance than the prior period. Net Profit In 2019 and 2018, net profit of the Company which were amounting to Baht 192.90 million and Baht 129.08 million
in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for
value of net tangible assets basis, equals to 15.22% (based on the Financial Statements for the year ending 31 December 2019). Source of Fund for Investment - Loan from bank in the amount of 75 million
and issuance of debentures totaling Bath 500 million in May 2016 at the interest rate 5.4 percent per year. In this regerd, the objective of issuance of debentures was to prepare the source of fund for
current building utilisation and lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the group has no net interest bearing debt and operating working capital is
director and President of CH. Karnchang Public Company Limited and is an elder sister of Mr. Thanawat Trivisvavet who is the spouse of Mrs. Siwalee Trivisvavet. 6. Source of Fund : Cash flow from the Company
lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the group as no net interest bearing debt and operating working capital is positive the groups Page 2 of 3
increase business opportunity and to generate the better returns on a long-term basis. (10) Funding source : From the Company’s working capital (11) General description of connected transaction Type of